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Afterpay share price on watch after upgrading FY 2020 guidance – Motley Fool Australia
The Afterpay Ltd (ASX:APT) share price will be on watch on Thursday after the payments company upgraded its FY 2020 guidance…
The Afterpay Ltd(ASX: APT) share price will be on watch on Thursday following a surprise after-market update on its FY 2020 performance.
What did Afterpay announce?
This afternoon the payments company revealed that its unaudited FY 2020 Net Transaction Loss (NTL) as a percentage of underlying sales is going to be better than previously expected.
On 7 July 2020, the company released an update which advised that its NTL as a percentage of underlying sales was expected to be up to 55 basis point…
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